Sunday , November 24 2024

Business

RBI warns against large-scale lending by banks to commercial real estate sector | News India

Mumbai: RBI Governor Shaktikanta Das has expressed concern over banks having heavy exposure to the large commercial real estate sector and warned that these banks could become targets of short sellers. Banks have shown high sensitivity to expected and unexpected losses in commercial real estate loans. This sensitivity of banks …

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Index-based rally breaks down: Sensex falls 72 points to 82891 | News India

Mumbai: In contrast to strong US and European markets in global markets, Asian markets remained soft today on reports of China's deteriorating economic condition and action against investment bankers by the Chinese government, which banned international auditing company Price Water House-PwC for six months as a punitive step in connection …

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